NBFM? It's not using that mode. AM only. Some receivers will detect AM in Fm mode though using slope detection, that's probably what you're hearing.
I think that this comes from the new AM modulation systems. For example, the ampliphase use 2 carriers at full power, but modulated in phase symetrically. Then, by adding the two carriers, that should give a fixed carrier and two sidebands. But it's very difficult to make that work exactly as it should do, and any difference makes the carrier dirty. Generally, I get some bad audio in NBFM mode, but at times the audio is good (except in the fades - squelch helping about that). The audio of Zenith on 5780 is one of the best audios I can get in NBFM mode, as soon as the signal level is good. Apart of that, the signal on 5780 seems clean and specially free from any drifting.
Well, I will cease to publish NBFM results if there is nothing bad otherwise in AM listening and no splashing outside of the normal sidebands.